MNM Creative contributed to a the $150m in debt and equity raised by Macro, which will use it to fund the production of four to six television and movie projects a year.

Smartphone maker Xiaomi and venture firm Shunwei Capital have signed a term sheet to co-lead a series B round that will value the social media app developer at up to $70m.

The underwriters for the corporate-backed television subscription platform's IPO have fully exercised the over-allotment option.

The esports company, backed by FunPlus and United Talent Agency, has secured $19.7m out of a targeted $25m in funding.

The SIG-backed lifestyle media and e-commerce brand has raised $40m in a round co-led by China Broadband Capital and Ocean Link.

AMC Entertainment will invest $10m in VR entertainment developer Dreamscape Immersive's series B round as part of a strategic partnership agreement.

The streaming device and subscription service has priced an initial public offering in which Sky Ventures will sell more than $9m of shares.

Youku Tudou-backed online radio platform Qingting has secured $151m in a series E round provided by a group of unnamed investors.